Azul Brazilian Airlines, Gol Linhas Aéreas Inteligentes
Brazilian Government Endorses Gol-Azul Merger
The Brazilian government has expressed its support for the potential merger between Brazil’s two low-cost carriers (LCC), GOL Linhas Aéreas Inteligentes (G3) and Azul Linhas Aéreas Brasileiras (AD). The government cites the merger's importance in stabilizing the aviation sector and safeguarding employment.
LATAM Airlines said on Friday it was still too early to discuss potential impacts of a planned merger between its two largest ...
Azul has been on a (downward) rollercoaster for the past few months. Read why I maintain my Hold rating on AZUL stock.
Brazilian carrier Azul has concluded its restructuring process by agreeing with bondholders, lessors and aircraft ...
Azul said the process included the termination of almost $1.6 billion in debt from its balance sheet, while it also raised ...
The official also addressed the announced merger plans of Azul and Gol. He underlined that if achieved, it would preserve restructuring companies and jobs while bringing about additional benefits ...
Chapter 11 emergence due to high capital requirements and unattractive P/E ratio. See why we are neutral on LTM stock here.
A floated combination of Gol and Azul, formalized with a memorandum of understanding last week, would give the new firm overwhelming control over the country's domestic market. But both have faced ...
Azul S.A. (B3: AZUL4, NYSE: AZUL), a leading airline based in Brazil, has successfully closed an offering of $525 million in ...
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